Invisible Empire : A New World Order Defined
….as a result of austerity, imposed on Greece by its Illuminist led government, unemployment has hit 70% in some places. The country’s budget deficit has been reduced by 40%, truly draconian. Spending by government has been cut 10%, which is more than double what the EU and IMF has required. Bankruptcies abound and purchasing power and consumption have plunged. Consequently GDP has fallen 1.5% in the past quarter and tax revenue has fallen off a cliff. Companies, particularly in Perama and Piraeus still are sending ships to other locations for repairs, because Greek wage costs are still too high. In this world of free trade and globalization the cheapest wage gets the business. That means Greeks are going to have to work harder if they want employment. Experts say GDP will fall 4% this year, which will be severe, with 17% of shops in Athens already filing for bankruptcy.
Instead of this madness Greece’s leadership should have cut government spending by 30%, lowered taxes, defaulted fully or partially on their debt, left the euro and returned to a lower valued drachma. Now they’ll be in depression for years paying off bankers whose loans and bond purchases were professionally ill advised and the funds were created out of thin air.
These measures have the country in depression and there is no light at the end of the tunnel, as bankers clamor for their money. The worst is yet to come as bigger layoffs begin and prices on everything skyrocket.
Greece is on the edge of revolution and well it should be. This IMF imposed tyranny should never have been imposed in the manner in which it has been, crudely.
We haven’t seen the end of the Greek and euro crisis by a long shot and there is a good chance the reaction to such problems could easily spread to Spain, Portugal, Ireland and Italy.
Several months ago in Greece’s largest newspaper, as well as on Greek radio and television, we predicted these results and what is to follow. The answer is to get rid of your false leadership that is selling you into IMF servitude that will last for decades. Like Spain was a military training ground for Germany in the 1930s in preparation for WWII, Greece is being used as a training ground for world economic and financial subjugation as planned by the forces of darkness in its quest for total world domination.
The one-world creators of the euro are aghast at the path five of the 16 members have followed and particularly Greece. As we predicted ten years ago Greece and Italy should have never been allowed into the euro zone because they had cooked their books with the assistance of Goldman Sachs and JPMorgan Chase. One interest rate can never fit all and you cannot have a monetary zone until you have a EU constitution voted for by the people.
Now Greek PM George Papandreou, Bilderberger and Illuminists, have invited Tommaso Padoa-Schioppa, one of the founding fathers of the euro to advise the country on its debt management. This certainly is by design, so that Greece will do exactly as Europe’s Illuminists want them to do, and, of course, the IMF as well. The question is how much more debt will be piled onto Greece’s shoulders to bail out European bankers? The first loan was for $141 billion and Greece’s ten-year bonds’ yields are still four times those of Germanys.
There is presently a giant sales job being used on the Greek people to accept Mr. Padoa-Schioppa as their savior. And, of course, a great deal is being made of the fact that he is saving Greece at his own expense – pro bono. We can assure your Europe’s elitists will make sure he is well compensated.
Ten-year Greek Treasury bonds yield 10.6%, whereas Germany’s ten-year bunds yield 2.27%, that is a difference of 8.33%. There is good reason for the giant gap. In fact Greece has never met Maastricht guidelines of public debt of 3% of GDP. No matter how you look at it Greece is headed for default and that was obvious from the beginning. All they are doing is piling on more debt. Default, total or partial, is the only solution. In that process the euro has to be abandoned.
There are those who believe the EU and the IMF have brought Greece time. That may be true, but the cost is depression that might last 30 years and the sale of Greek assets to pay back lenders, all of which will be sold to vulture elitists at $0.30 on the dollar. We also believe that within three years Greece’s debt will be $435 billion…. Η συνέχεια και ολόκληρο το σχετικό άρθρο απο τον Μπόμπ Τσάπμαν για την Ελλάδα εδω
Confessions of an Economic Hitman
This film outlines various parts by the interviewing of John Perkins the author of the book Confessions of an Economic Hitman.
… πολύ ωραίες σειρές …
… κάτι σαν τους “Ιλουμινάτι” …
… αλλά τους διαφεύγει το σημαντικό …
… Ο Μόνος Δρόμος Είναι Ο Σοσιαλισμός …
… αυτό που ακούγεται, κι έτσι και γιουβέτσι, τείνει να αποτελεί τη μοναδική διέξοδο σ’ όλα τούτα τα αδιέξοδα …
… όσο μεγαλώνω και μαζεύω εμπειρίες, τόσο περισσότερο το πιστεύω …
… διότι μια καταληκτική πορεία – στον Κομμουνισμό – τέτοιας κατεύθυνσης προϋποθέτει Ανθρωπο παιδευμένο, άρα και Γνώστη της επί Γης ύπαρξής του …
… ποιές θρησκείες, ποιά βαρύδια και κουραφέξαλα …
… εδώ, λοιπόν, είμαστε φίλτατε Πλοηγέ …
… στον Μόνο Δρόμο, που είναι ο Σοσιαλισμός …
… και μην κουνάς το κεφάλι σου – σε βλέπω …
… έρρωσο …
24/05/2010 11:21 π.μ.
πλοηγός είπε :
Φίλε Σταύρο, end game, αφιερωμένο εξαιρετικά…
25/05/2010 1:40 π.μ.
25/05/2010 1:40 π.μ.
παλαιότερες αναρτήσεις με Alex Jones εδω
The above was posted on the website thisisindexed.com (Card number 2564) on May 5, 2010 (author Jessica Hagy) with the caption “Nothing Lasts Forever”.
Federal Reserve Chairman Ben S. Bernanke testifies before the Senate Banking Committee about the U.S. economy, central bank monetary policy and the Fed’s review of the derivatives arrangements of Goldman Sachs Group Inc. and other companies with Greece. Bernanke, speaking in Washington on the second day of his semi-annual address to Congress, repeated his statement that the economy is in a “nascent” recovery that still requires low interest rates to encourage demand by consumers and businesses once federal stimulus expires. (This includes the prepared statement and part 1 of the question-and-answer portion of the hearing. Source: Bloomberg)
Is the Federal Reserve going to perform a Greece bailout? Have they done the same with foreign nations in the past? As to Greece, it remains to be seen, despite what Ben Bernanke testimony indicates. The writing may already be on the wall. Here’s the exchange between Ben Bernanke and Ron Paul (at 4.50-5.00 Bernanke turns around to his aides, he seems uninformed….):
Surmounting The Armageddon Scenario & Cartel ‘End Game’
… and “Goldman Sachs Group Inc. managed $15 billion of bond sales for Greece after arranging a currency swap that allowed the government to hide the extent of its deficit.
“Goldman Sachs, Greece Didn’t Disclose Swap Contract”
Elisa Martinuzzi, bloomberg.com, 2/17/10
“Many of the banks that helped Greece create derivatives that concealed its borrowing are betting on default, hoping to make additional profit from the nation’s financial troubles… Banks’ and hedge funds’ purchases of credit default swaps on Greek bonds are driving up the cost of borrowing that Greece needs to roll over its maturing debt…”
“Report: Banks that hid Greece’s debt aim to profit from default”
The New York Times, 02/24/10
“America’s Founding Fathers were afraid of any concentration of power in the republic. They were particularly afraid that banking interests could hijack our fledgling democracy.
And yet today, 234 years later, our Founding Fathers’ worst fears have come true. Wall Street’s stranglehold on the economy threatens our very prosperity, and the future of a truly democratic republic…”
“Wall Street’s Stranglehold on the Economy Is Choking Americans”
Shah Gilani, Money Morning, 1/26/10
“What does not kill me, makes me stronger.”
The inexorable Momentum of Destructive Megatrends is impelling us toward an Economic and Markets Armageddon, about which we and a few other notable commentators have been writing for some time. The Denouement will not be at all pretty or short-lived.
Thus with the foregoing as Context we sketch an all-too-likely, in our view, Scenario of Coming Events and Consequences, and lay out key Guidelines for coping and profiting.
Many of the themes about which we have previously written are now coming to a head, as the foregoing indicates. Thus we reiterate and weave them together in the following Scenario and recapitulate Guidelines for Profit and Protection.
Athens, Greece, Cradle of Western Civilization, awakens on an early Spring Morning in 2010 and is forced to acknowledge that no effective Bailout is coming.
Greece can thus no longer pay interest on its Megaloans, nor can it obtain new loans.
Greece defaults on its Sovereign Debt.
The Unions call a National Strike. Greece, the country, is in chaos, and is de facto expelled from the EU.
If Greece’s relatively small GDP were the only issue, the Sovereign Debt Default would not matter much (from an economic perspective) to the EU, or the world, except that it foreshadows more Sovereign Debt defaults by Italy (worse off than Greece), and, Spain, Portugal, and, finally France and perhaps even some or all “Major Nations” on the von Greyerz list of the de facto bankrupt, above.
Greece is thus a Catalyst. (Other Nations’ Sovereign Debt Defaults could serve equally well.)
Subsequently a Tidal Wave of Sovereign Default Ripple Effects Cascades around the world, affecting most those economies and markets which most allowed themselves to be ensnared by the Lethal Cocktail of Globalism (as opposed to Internationalism) and “Free Trade” (as opposed to Fair Trade). The least self-reliant are shown to be the most vulnerable.
Again, late in 2010, Mega-Financial Institutions which are holders of the increasingly Toxic Sovereign Debt clamor for more bailouts.
But Stark Reality raises the question “Bailouts by whom, with what, and how?”
Consequently Credit Markets freeze, again, by the end of 2010.
The FDIC, which already had a $20.9 billion deficit as of February 23, 2010 is unable to prevent hundreds more U.S. small and medium size banks from failing.
Central Banks respond by printing even more Fiat Currency while simultaneously increasing demands for One Global Currency, de facto, a Major step toward World Government of, by, and for The International Banker Cartel.*
Simultaneously, the Fed-led Cartel* of Central Bankers allies, and Agents direct the full force of their Market Intervention and Manipulation Regime developed over decades toward their ‘End Game’ goals. See “Surmounting The Cartel’s ‘End Game’ Juggernaut” (9/25/09) in the ‘Articles by Deepcaster’ cache at http://www.deepcaster.com for more details.
*We encourage those who doubt the scope and power of Overt and Covert Interventions by a Fed-led Cartel of Key Central Bankers and Favored Financial Institutions to read Deepcaster’s December, 2009, Special Alert containing a summary overview of Intervention entitled “Forecasts and December, 2009 Special Alert: Profiting From The Cartel’s Dark Interventions – III” and Deepcaster’s July, 2009 Letter entitled “A Strategy For Profiting From The Cartel’s Dark Interventions & Evolving Techniques – II” in the ‘Alerts Cache’ and ‘Latest Letter’ Cache at http://www.deepcaster.com. Also consider the substantial evidence collected by the Gold AntiTrust Action Committee at http://www.gata.org for information on precious metals price manipulation. Virtually all of the evidence for Intervention has been gleaned from publicly available records. Deepcaster’s profitable recommendations displayed at http://www.deepcaster.com have been facilitated by attention to these “Interventionals.” Attention to The Interventionals facilitated Deepcaster’s recommending five short positions prior to the Fall, 2008 Market Crash all of which were subsequently liquidated profitably.